- DIRTT Environmental Solutions (DRT) has closed its private placement of common shares to company insiders for gross proceeds of approximately US$2.8 million
- The company issued a total of 8,667,449 common shares to 22 NW Fund, LP, 726 BC LLC and 726 BF LLC
- The company intends to use the net proceeds to provide additional liquidity as the company works to complete its strategic initiatives
- Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors
- Shares of DIRTT Environmental Solutions (DRT) opened trading at $0.39
DIRTT Environmental Solutions (DRT) has closed its private placement of common shares to company insiders for gross proceeds of approximately US$2.8 million.
The company issued a total of 8,667,449 common shares to 22 NW Fund, LP, 726 BC LLC and 726 BF LLC, and all of the directors and executive officers of the company at a subscription price of US$0.32 per share.
The company intends to use the net cash proceeds to provide additional liquidity as the company works to complete its strategic initiatives.
DIRTT is a leader in industrialized construction that empowers organizations together with construction and design leaders to build high-performing, adaptable interior environments.
Shares of DIRTT Environmental Solutions (DRT) opened trading at $0.39.
